401(k) · DOL Form 5500 · 2023

General Dynamics Corporation 401(k) Plan

Data updated 2026-08-06

$1.5B
Total assets
1,728
Participants
99th
Percentile by assets
$850,312
Avg per participant
PlainRetire home → About this data

Official DOL plan name: General Dynamics Corporation 401(k) Plan 3.0 · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$1.5B in assets, 1,728 participants

General Dynamics Corporation's General Dynamics Corporation 401(k) Plan 3.0 reported $1.5B in total assets and 1,728 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 126,618 plans)
  • #18,337 in Manufacturing (18,672 peers)

Coverage in Virginia

General Dynamics Corporation 401(k) Plan 3.0 covers 1,728 participants in Virginia, 2.2x the typical Virginia plan (state average ~781 per filing). Assets: $1.5B.

$1.5B
total plan assets (2023 EOY)
1,728
covered participants
99th
percentile by assets (of 126,618 plans)
$850,312
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Dynamics Corporation 401(k) Plan 3.0 reported net income rose from -$233M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • General Dynamics Corporation 401(k) Plan 3.0 reported participants fell from 1,886 in the plan year 2022 filing to 1,728 in the plan year 2023 filing.
  • General Dynamics Corporation 401(k) Plan 3.0 end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. General Dynamics Corporation 401(k) Plan 3.0 reports 1,728 participants - 2.2x that state average ($1.5B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.5B
Net Income$43M
Employer EIN131673581
Plan Effective Date1956-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Total plan assets by year, all General Dynamics Corporation plans on file
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

General Dynamics Corporation 401(k) Plan 3.0 vs. nearby 401(k) plans in Virginia, assets vs. participants

General Dynamics Corporation 401(k) Plan 3.0 vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants General Dynamics Cor…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
General Dynamics Corporation 401(k) Plan 3.0 vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to General Dynamics Corporation 401(k) Plan 3.0 by total assets, not by location.

Frequently Asked Questions

How did General Dynamics Corporation 401(k) Plan 3.0 assets move in 2023?
General Dynamics Corporation 401(k) Plan 3.0 edged up modestly - up 3.4% during 2023, from $1.4B to $1.5B. Reported net income was $43M.
How have General Dynamics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does General Dynamics Corporation 401(k) Plan 3.0 rank by assets among Form 5500 filers?
General Dynamics Corporation 401(k) Plan 3.0 ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to General Dynamics Corporation 401(k) Plan 3.0?
Among 401(k) plans in other states, the closest by assets is Pinnacle West Capital Corporation Savings Plan in AZ ($1.5B, 5,820 participants).

Next read for General Dynamics Corporation 401(k) Plan…

Filing takeaways

Ways to act on General Dynamics Corporation 401(k) Plan 3.0's numbers.

  • By total assets, General Dynamics Corporation 401(k) Plan 3.0 ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • General Dynamics Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans